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Analysis: U.S. solar tariffs not slowing slide in panel prices

Source:Jul 18 2012 | Reuters Release Date:2012-07-20 322
Plastics & Rubber

By Braden Reddall

SAN FRANCISCO – New U.S. import tariffs have prompted China's solar panel makers to buy more expensive supplies elsewhere and avoid the new duties, but prices for the renewable energy equipment continue to decline.

The United States put two new import duties totaling about 35 percent on solar equipment from China, citing the country's unfair support of its industry and illegal dumping of inventories in the U.S. market.

China's solar manufacturers such as Suntech Power Holdings (STP.N: Quote, Profile, Research, Stock Buzz), Yingli Green Energy (YGE.N: Quote, Profile, Research, Stock Buzz) and Canadian Solar (CSIQ.O: Quote, Profile, Research, Stock Buzz) have criticized the tariffs set this year as a threat to their young industry that will slow its growtKobe 11 ELite Glowing

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